MICHAEL J. SCHALL - 01 Jan 2026 Form 4 Insider Report for Pebblebrook Hotel Trust (PEB)

Role: Director
Signature: /s/ Andrew H. Dittamo, as attorney-in-fact for Michael J Schall
Issuer symbol: PEB
Transactions as of: 01 Jan 2026
Net transactions value: +$170,002
Form type: 4
Filing time: 05 Jan 2026, 17:33:58 UTC
Previous filing: 20 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SCHALL MICHAEL J	Director	4747 BETHESDA AVE, SUITE 1100, BETHESDA	/s/ Andrew H. Dittamo, as attorney-in-fact for Michael J Schall	05 Jan 2026	0001198212

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEB	Common Shares	Award	$170,002	+14,837	+12%	$11.46	134,530	01 Jan 2026	Direct	F1, F2
holding	PEB	Common Shares						18,500	01 Jan 2026	Deferred Compensation Plan	F3
holding	PEB	Common Shares						942	01 Jan 2026	By wife	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2025. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.
F2	The reporting person disclaims beneficial ownership with respect to 51,312 of these shares.
F3	The reporting person disclaims beneficial ownership with respect to one-half of these shares.
F4	The reporting person disclaims beneficial ownership with respect to all of these shares.